Earlier this year, ECI joined the Alliance for Insurance Reform to address key insurance issues in the sector. The following is an update on the insurance-related impacts of the COVID-19 crisis.
As we continue to stay at home in large numbers, we need to stay positive and stay connected. To this end, I want to give an update on the areas on which we are currently focused on your behalf.
Please see our press release which was sent to national media this morning. As you can see we have raised the key issues relating to the insurance situation which has unfolded over the last few days.
As we enter the last few weeks of our renewal process we would like to highlight the many benefits that our members gain. This week, we wish to highlight the various discounts our members receive.
This week's update focuses on unpaid workers and record retention. It also includes information updating the ECCE calendar if your service has to close for the upcoming Presidential Election.
We are very aware that the 30% increase in insurance premiums on the Scheme this year is a major cause for concern.
When we became aware in late October that an increase in rates was likely, we asked our group scheme broker Kidds to go back to the market and they invited seven insurance companies to review the scheme and quote for cover for 2017.